Bed Bath & Beyond Drops After Profit Forecast Trails Estimates
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Bed Bath & Beyond Inc., the operator of more than 1,400 home-furnishing stores, declined in extended trading after projecting full-year profit that trailed analysts’ estimates.
Bed Bath & Beyond fell 3.6 percent to $58.10 at 4:55 p.m. in extended trading after the announcement. The shares had gained 4 percent this year through today’s New York close.